Proffice to de-list B-shares

On 29th January 2016, Randstad Nordic AB (“Randstad”) completed its public takeover offer to the shareholders in Proffice AB (“Proffice” or the “Company”).

After completion of the offer, Randstad controls 97.3% of the outstanding shares in Proffice, corresponding to 97.9% of the votes, and has notified Proffice’s board of directors that Randstad has resolved to initiate compulsory acquisition proceedings to acquire the remaining shares in Proffice. The acceptance period for Randstad’s offer has been extended up to and including 17th February 2016, to allow remaining shareholders in Proffice to accept the offer.

In light of the above, Proffice’s board of directors does not find it appropriate for the Company to remain listed, and has therefore decided to apply for de-listing of Proffice’s B-shares from Nasdaq Stockholm. The last day of trading in the Proffice-shares at Nasdaq Stockholm has, in consultation with Nasdaq Stockholm, been determined to be Friday 19th February 2016.

Further, as previously announced, the board of directors has summoned a general meeting to be held on 24th February 2016 to inter alia elect a new board of directors in the Company.